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Galleon Gold Completes Box Cut Excavation at West Cache Project

Galleon Gold announced completion of the box cut excavation at its 100%-owned West Cache Gold Project (Timmins, Ontario) on April 29, 2026, marking a transition toward underground development and bulk sampling. The exposed bedrock and 4:1 excavation walls enable preparation for blasting, ramp construction and an upcoming 86,500-tonne bulk sample program. Management says permitting and financing are in place, and surface infrastructure (roads, water treatment, hydro) is largely complete. Market impact: this operational milestone de-risks the project, supporting positive investor sentiment toward the company and underlying gold exposure, while further updates on ramp development and stope timelines could catalyze equity moves.

Category

Gold

Sentiment

Bullish

Event

Milestone

Reading time

1 min